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Martin Lewis warns of the £100 HMRC tax trap catching many parents out

Martin Lewis said parents can face tax on children’s savings if interest tops £100 a year, while Junior ISAs allow £9,000 tax-free.

Martin Lewis explains when children pay tax and the key £100 rule parents need to know about savings

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Ilkley GazetteIlkley Gazette
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Martin Lewis warns of the £100 HMRC tax trap catching many parents out

Martin Lewis explains when children pay tax and the key £100 rule parents need to know about savings

·Ilkley, United Kingdom
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The Northern Echo broke the news in County Durham, United Kingdom on Tuesday, April 28, 2026.
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